The states making extra off of high gas prices
Summary
The Federal Reserve kept interest rates unchanged, citing persistent inflation and labor market uncertainty, while dissenters urged more aggressive action. Meanwhile, oil price spikes are boosting revenues for producing states, and adults are increasingly spending on collectibles like Labubu toys for stress relief. The episode also examines the risks of an AI investment bubble, the impact of new tariffs on small businesses, and the viral rise of country line dancing as a social trend.
Topics discussed
Sponsor: Cornerstone Workforce Intelligence
Marketplace Intro and Host Introduction
Fed Holds Interest Rates Amid Inflation Concerns
Oil Prices Impact State Budgets and Severance Taxes
New Mexico Caps Oil Revenue for Permanent Funds
The Rise of Adult Collectibles and 'Conculting'
Small Business Impact of New Tariffs on Violins
Preview of Upcoming Segments
Market Numbers: Stocks Fall, Tech Earnings Awaited
Sponsors: Cornerstone, Fundrise, and Odoo
Interview: Is the AI Boom a Bubble? (Annie Lowry)
Real Estate Broker Turns to Viral Line Dancing
China Exports Lower Global Inflation and Credits
Sponsor: Marketplace Morning Report Podcast
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